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Yoav Cohen is an interim executive who has successfully helped turn around countless struggling companies. As the CEO of NYC Advisors, LLC, an executive advisory firm, Yoav regularly works with companies that are facing hardship and are threatened by financial difficulties. His...

It is important to remember that a turnaround is not always possible, and sometimes closing the company and/or selling off its assets to pay down the creditors is the right answer. In this installment, Yoav will discuss a case where this was necessary, as well as the steps he...

In this installment, I will discuss a few success stories of companies where I implemented this process. A $50M public telecommunications company had a successful turnaround from a $4.5M loss to a $2M and $2.8M profit in the following two years by: Reviewing their existing...

It’s important for all key stakeholders to be aligned, and that means talking to people outside of the company. This can be difficult to do for a variety of reasons, but swallowing your pride and having tough conversations with outsiders is crucial for a successful turnaround....

In my practice, I meet many business owners and CEOs that, unfortunately, didn’t spot the signs that led to their company being on the verge of insolvency or bankruptcy. There are several signs that a company may be in distress, including strained financial resources, demoralized...

Many business owners/CEO’s unfortunately don’t spot the signs that led to their company being on the verge of insolvency, or bankruptcy. So what are the signs that your company may be in distress? Strained financial resources demoralized senior management fearful employees...

Yoav was a guest speaker at an IvyExec Webinar on October 1, 2013. With his unique combination of Fortune 500, public mid-sized companies, consulting and start-up experience, Yoav Cohen discussed identifying problems within organizations and changing course to achieve firm...

Holiday time is a time of celebration and bonhomie, and one of the first groups to kick off the revelry was Executives On Campus (EOC), which welcomed over 170 mentors and mentees to its year-end cocktail party on Dec. 8, held in the Baruch Performing Arts Center (BPAC). Among...